US Ecology's Bull Run Over? (ECOL)

Shares of US Ecology, Inc. ECOL are higher on the session by 1.65%, currently trading at $14.75. The stock has been moving largely higher over the past few days, on higher than normal stock volume, though ECOL does remain in a down-trend. Options traders are buying protection on the name today. The March 2011 $15.00 put was purchased ~1,400 times, on the offer a short while ago; there is now open interest on the strike. Put volume is now running at 1,254x the daily average with 66% of all puts traded being purchases on the offer. US Ecology, Inc., formerly known as American Ecology Corporation, through its subsidiaries, provides radioactive, hazardous, polychlorinated biphenyls and non-hazardous industrial waste management and recycling services to commercial and government entities, such as refineries and chemical production facilities, manufacturers, electric utilities, steel mills, medical and academic institutions and waste broker / aggregators. For more great research like this, as well as how to play it through options…please visit Benzinga's Options & Volatility Edge and Benzinga's Cash Generator.